SOLIDARITY
GROUP LOAN
The
key feature of this product is that members of the group guarantee each other
and collaterals are not required. By taking a loan as group, it opens a door
for group members to share financial or business knowledge and experience.
BUSINESS LOAN
The
loan can be used to finance businesses, e.g. business expansion, working capital,
stock/inventory and other related business investment.
CHILD WELLBEING LOAN
Used
only for clients who have stable business or salary income and need additional
financing for consumption. If clients want to take a loan for their household
consumption, this product will be a convenient. Likewise, clients can take a
loan if there are needs to get some finance to support the children's
wellbeing.
LOAN WITH WORLDVISION INTERNATIONAL
MONGLOLIA
Used
only in cooperation with World Vision to support of beneficiaries of special
projects of WVIM.
HOUSING LOAN
The
loan can be used to finance the construction or repair of the house, apartment
and fence.
CAR COLLATERAL LOAN
The
loan can be used to fund businesses and family needs of people with business or
salary income.
ECO LOAN
The
loan can be used for people who are going to buy the Eco friendly equipment
that support improved health or ecological benefits such as Eco electric
heater, Eco air purifier and so on.
ADDITIONAL FINANCING
Additional Financing loan that is
dedicated to give an opportunity to clients to grow their business and ensure
financial sustainability.
VISIONFUND MONGOLIA SUPPORTS CLIENTS WITH
FINANCIAL EDUCATION
Our
organization offers not only a loan, but also provides comprehensive training
to clients in order to support financial education of clients. VisionFund
Mongolia organizes the training on Financial Management, Business Model and
Marketing with the cooperation of Lendahand Foundation for SME entrepreneurs.
VISIONFUND MONGOLIA IMPLEMENTS POVERTY INDEX
TOOL (PPI)
Vision
Fund NBFI rolled out the Poverty Probability Index (PPI) tool for Mongolia in
collaboration with World Vision Mongolia, Microfinance Development Fund,
XacBank and Grameen Foundation, the global non-profit organization. The Poverty
Probability Index (PPI) is a poverty measurement tool for organizations and
businesses with a mission to serve the poor. We started the survey in the
beginning of 2017 to measure poverty of the clients as well as progress they are
making through the loans. Then, PPI proves that VFM and the users to target the
right clients (poor) and also make sure the products/services delivered are
helping the clients to move out of poverty.